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DRT & SARFAESIBorrower₹499 + 18% GST

Securitisation Application to DRT (Section 17)

Challenge the bank's SARFAESI action before the DRT

A Securitisation Application (S.A.) under Section 17 of the SARFAESI Act, 2002, to the Debts Recovery Tribunal, challenging measures taken by the secured creditor under Section 13(4) — possession, sale, or auction. Includes grounds, interim-stay prayer, and the statement of facts. Must be filed within 45 days of the measure.
What you'll need to provide
  • Applicant name (borrower / guarantor)
  • Applicant address
  • Secured creditor (bank / NBFC / ARC)
  • Loan account number
  • DRT location where you will file
  • Measure you are challenging
  • Date of the measure / notice
  • Amount claimed by the bank (₹)
  • Secured asset(s) under threat
  • Grounds of challenge (one per line)
  • Relief sought from the DRT
  • Name of person signing
A preparation aid — not legal advice. This document is drafted from the details you provide. Please have it reviewed and validated by a competent lawyer before you sign, serve, file or rely on it. MSME Prime does not replace a lawyer.